{"id":574932,"date":"2024-09-10T10:09:00","date_gmt":"2024-09-10T10:09:00","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=574932"},"modified":"2024-09-10T10:09:00","modified_gmt":"2024-09-10T10:09:00","slug":"popcat-price-prediction-popcat-surges-16-as-a-whale-snaps-up-50k-of-this-parabolic-presale-rival","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/popcat-price-prediction-popcat-surges-16-as-a-whale-snaps-up-50k-of-this-parabolic-presale-rival","title":{"rendered":"Popcat Price Prediction: POPCAT Surges 16% As A Whale Snaps Up $50K Of This Parabolic Presale Rival"},"content":{"rendered":"

The Popcat price surged 16% in the last 24 hours <\/span>to trade at $0.6216<\/span><\/a> as of 03:50 a.m. EST on trading volume that plunged 92% to $95 million.<\/span><\/p>\n

Popcat Price Aims For A Continued Bullish Trend<\/h2>\n

The Popcat price is currently showing a strong bullish trend after buyers regained control near the $0.4826 support level, pushing the price into a markup phase. The rounding bottom pattern further confirms this bullish momentum, according to data from <\/span>GeckoTerminal<\/span><\/a>. <\/span><\/p>\n

Popcat is now trading above both the 50-day and 200-day Simple Moving Averages (SMAs), signaling robust upward momentum. <\/span><\/p>\n

Additionally, the Relative Strength Index (RSI) is at 66 and approaching the 70-overbought region, indicating strong buying pressure. <\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) is also in positive territory, with the blue MACD line crossing above the orange signal line, confirming a bullish trend. <\/span><\/p>\n

The RSI and MACD indicate that Popcat is currently on a strong upward trend. If the bulls maintain this momentum, the price could continue rising, with a target of $0.7000 in sight. <\/span><\/p>\n

\"Popcat
POPCAT Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

However, a death cross has formed at $0.5617, as the 200-day SMA has crossed above the 50-day SMA, which is often seen as a bearish signal despite the ongoing bullish trend. If market conditions turn bearish, Popcat’s price could fall back to its next support level at $0.5697 (50-day SMA).<\/span><\/p>\n

Meanwhile, a whale investor has bought into the new meme token <\/span>Crypto All-Stars (STARS)<\/span><\/a> as the project readies the launch of its MemeVault protocol. <\/span><\/p>\n

Crypto YouTuber Jacob Bury, who has over 42K subscribers, says that $STARS has the potential to soar 10X following its launch.<\/span><\/p>\n